110 Genest Street, Ottawa
110 Genest Street, Ottawa
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30 Photos
- MLS®: 1391075
- Type: Townhouse
- Added: 8 days ago
Property Details
Welcome to 110 Genest - Discover an exceptional investment opportunity in one of Ottawa's up and coming neighbourhoods - steps from Beechwood Avenue! This exceptionally well-maintained corner lot triplex features three 2-bed, 1 bath units with full sized in-unit laundry. Additional updates: high-efficiency boiler (2018) ,updated windows (Unit 1 in 2018, Unit 2 in 2022, Unit 3 in 2019), flat roof (approx. 2010) ,copper water service (2019), rebuilt property entrance/basement stairs (2020) and ductless air conditioners in two units. All units have submetered hydro, and no rental equipment in building, all owned. All units are tenanted. Quick walk to Metro grocery store, Starbucks, LCBO, Anytime Fitness, Rideau River & dozens of other great amenities. Gross rent is currently $56,340/year, Expenses approx. $10,846.99, cap rate approx. 4.81%. Don't miss your chance to own an investment property in this rapidly developing neighbourhood. (id:1945)
Property Information
- Sewer: Municipal sewage system
- Cooling: Heat Pump
- Heating: Heat Pump, Radiant heat, Natural gas
- List AOR: Ottawa
- Stories: 3
- Tax Year: 2023
- Basement: Finished, Full
- Flooring: Tile, Hardwood
- Lot Features: Corner Site, Balcony
- Photos Count: 30
- Water Source: Municipal water
- Parcel Number: 042350411
- Parking Total: 3
- Structure Type: Triplex
- Parking Features: Attached Garage, Surfaced, Tandem
- Tax Annual Amount: 4881
- Exterior Features: Brick
- Existing Lease Type: Gross
- Foundation Details: Poured Concrete
- Lot Size Dimensions: 41.62 ft X 59.93 ft (Irregular Lot)
- Zoning Description: R4UA
- Number Of Units Total: 3
- Map Coordinate Verified YN: true
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